Politics

Federal government should reconsider changes to investment deductions, says REIA

Changes proposed by the federal government mean that an investor who owns a commercial investment property can claim travel costs for their annual site inspection, but a residential property investor can not.

Reflecting on the 2017 budget, Point Polaris Director, Andrew Hogan, weighs in on the implications for Australia’s property industry and considers the effects of foreign ownership of new developments being capped at 50 per cent.